SARASOTA, FL 34234 905 ROYAL PALM DRIVE

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Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
  • MLS# A4646446
  • 03/28/2025
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Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070

Interior Features for 905 ROYAL PALM DRIVE

Bathrooms

Total Baths

General for 905 ROYAL PALM DRIVE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useunimproved
Directionsdriving directions to 905 royal palm drive, sarasota, fl 34234 from i-75, take exit 213 (university parkway) and head west. turn left on us-41/s tamiami trail, then right on myrtle street. turn left ont
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionlot 7 & part of lot 6 desc as beg ne cor lot 6 th n-62-39-35-w 146.05 ft th w 15 ft th s 49.68 ft th s-56-57-9-e 83.11 ft th n- 82-46-18-e 58.91 ft th nely alg curve to right 27.83 ft to pob, together
Living Area Unitssquare feet
Lot Size Square Feet28701
Lot Size Unitssquare feet
MLS Area34234 - sarasota
ModificationTimestamp2025-04-09t15:15:56.680z
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namewildwood pines
Tax Annual Amount2167
Tax Lot7
Tax Year2024
Utilitiesother
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Zoningrmf2

Exterior for 905 ROYAL PALM DRIVE

Lot Dimensions257 x 126, 98 x 231
Lot Size Acres0.67
Lot Size Area28701
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Jonathan Alsaka

Price $385,000
MLS#A4646446
List Date 03/28/2025
Property Type Land
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